Audius is a decentralized protocol for artists to upload, host, and share their creative works. The project was started by a team of Stanford graduates and is backed by some of the leading investors in the space.
The Audius protocol is built on top of the Ethereum blockchain and is designed to be censorship-resistant and fraud-proof.
NOTE: Warning: Audius is not built on Ethereum, but rather on a proprietary blockchain. The platform has its own native token (AUDIO) and runs on the Cosmos Network. As such, users should be aware that AUDIO is not an Ethereum-based token and does not interact with the Ethereum network in any way. Additionally, all transactions conducted on Audius are subject to the rules and regulations of the Cosmos Network.
The Audius team has been hard at work over the past year, and the platform is now live in beta. Over the past few months, a number of high-profile artists have signed up to the platform, including Deadmau5, 3LAU, and TOKiMONSTA.
The launch of the Audius platform is a major milestone for the Ethereum blockchain. The project demonstrates that Ethereum can be used to build decentralized applications that are censorship-resistant and fraud-proof.
This is a major use case for Ethereum, and Audius is just the beginning.
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